Moonfare achieves €1 Billion assets under management
By Joy Dumasia
Moonfare, the private equity investment platform, has surpassed €1 billion assets under management, a critical milestone for the company. It took just under three years to raise the first €500 million and then only eight months to double that amount.
Private market investments such as private equity and venture capital funds see massive inflows as investors look for yield and inflation protection. Affluent individual investors are increasingly demanding access to private asset classes that were previously only accessible to institutions. According to consulting firm Oliver Wyman, individuals are expected to allocate an additional $1.5 trillion to private markets by 2025.
Moonfare was founded by former KKR Managing Director Dr. Steffen Pauls with the mission to provide access for individual investors to top-tier private equity at low minimums via a fast and easy-to-use digital experience. The platform has been enthusiastically adopted by investors seeking extraordinary returns. In the first week of September 2021, the firm passed the milestone of €1 billion assets under management, making it the clear leader in its field in Europe and Asia.
Moonfare Founder and CEO Dr. Steffen Pauls said: “Today’s milestone not only proves that there is strong demand for private markets investment by private individuals but also demonstrates the size of the opportunity ahead. Our digital platform is built for scale. As we grow in size, the value we create for investors increases. We will continue to select only the very best investments for our platform and focus on the user experience.”
Recently, IBS Intelligence reported that Fondsdepot Bank, the liability umbrella provider in Germany, began international expansion and, for the first time, cooperates with a financial technology company, Moonfare, a leading digital investment platform for top-tier private markets funds.
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